Chinese Premier Li Keqiang stresses the need for economic stability and expanding consumption.
Alfredo Montufar-Helu, Beijing-based head of the China Center at the Conference Board, said setting a higher growth target would have required massive stimulus and “exacerbated the structural imbalances that China is trying to deal with to achieve its long-term development goals.”
To bolster growth, the government plans to stick with its playbook of spending on infrastructure, increasing funding for big-ticket projects with 3.8 trillion yuan in special local government bonds, up from last year’s 3.65 trillion yuan. The rubber-stamp parliament will also discuss Xi’s plans for an “intensive” and “wide-ranging” reorganization of state and Communist Party entities, state media reported on Tuesday, February 28, with analysts expecting a further deepening of Communist Party penetration of state bodies.Li said China’s armed forces should devote greater energy to training under combat conditions and boost combat preparedness, and the budget included a 7.
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China says should advance ‘peaceful reunification’ with TaiwanChinese Premier Li Keqiang said the government should promote the peaceful development of relations with Taiwan and advance the process of China’s “peaceful reunification” but also take resolute steps to oppose Taiwan independence. | Reuters
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China says armed forces should boost combat preparednessChina&39;s armed forces should devote greater energy to training under combat conditions and boost combat preparedness, Premier Li Keqiang said on Sunday.
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China says armed forces should boost combat preparednessBEIJING -- China&039;s armed forces should devote greater energy to training under combat conditions and boost combat preparedness, Premier Li Keqiang said on Sunday. "Our armed
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44 Chinese ships spotted in waters off Pag-asaThe Philippine Coast Guard on Saturday spotted Chinese military ships and more than 40 Chinese maritime militia vessels anchored within the waters near Pag-asa Island in Palawan province. | dexcabalzaINQ /PDI
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Chinese Coast Guard, militia vessels spotted anew near Pag-asa IslandChinese vessels are still sailing in Philippine waters, with dozens of suspected maritime militia and coast guard ships spotted in the vicinity of Pag-asa Island, according to local authorities.
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Chinese navy ship, militia vessels spotted near Pag-asa Island - PCGThe Philippine Coast Guard said on Saturday it had spotted Chinese vessels, including a ship under China’s navy, near Pag-asa Island in the West Philippine Sea.
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